Dear users，
To express our gratitude for the MEXC community’s support of our PoS products, MEXC will be adding BIT in PoS Savings from 2021-08-20 10:00 (UTC) onwards. Details are as follows:
BIT PoS Saving
1. The estimated annualized yield rate is 3% and it will be adjusted according to the actual revenue of the PoS Pool.
2. BIT tokens will be used for yield calculation. Daily yield = BIT position * (APR / 365).
3. Yield will generated 1 day after joining BIT PoS Saving.
4. A snapshot of users’ BIT position will be taken at a random time daily. The minimum position of the day will be used for settlement.
5. Users are not required to freeze their assets, so trading or withdrawal are available at any time.
6. Users can choose to cancel PoS Savings at any time. Yield will be settled 1 day before the day of cancellation.
7. Participation method:
Website: On menu bar, look for [Finance – PoS Pool] – [Flexible] – Find “BIT” to join.
App: On the middle menu bar, tap [PoS] – [Saving] and look for “BIT” to join.
Notes:
1. Locked assets are not available for trading, withdrawal or unlocking in advance.
2. MEXC Global reserves the final right to conclude the event after it has launched for 14 days.
Risk Warning
Cryptocurrency investment is subjected to high market risk. Please make your investments cautiously. MEXC Global will make the best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent and fair trading with no malicious intent. We are committed to providing users with safer, more efficient, and more reliable digital assets trading.
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Enjoy trading on MEXC
The MEXC Team,
2021-08-20
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